Mmegi

The hidden power of Unit Trusts in retirement planning

Sharing insights: Mahupela
Sharing insights: Mahupela

Have you ever considered whether your current financial plan will support your desired standard of living in retirement? Are you concerned that your existing retirement scheme may not be sufficient in fulfilling your future needs? Or, are you self-employed without a retirement plan in place? If any of these questions resonate with you, this article is a must-read.

Planning for retirement is a significant financial challenge that most Batswana face which often involves balancing the need for financial security in the future with the desire to enjoy life in the present. While traditional retirement funds are essential components of retirement planning, they may not always be sufficient to ensure a comfortable retirement. This is where unit trusts come into play, offering a strategic opportunity to set you up for the future or supplement your existing retirement scheme.

In this article, we explore how investing in a unit trust can be a strategic addition to an existing retirement scheme for those who are formally employed. For the self-employed and employees on contracts, it presents a compelling alternative to traditional retirement savings options. We explore how unit trusts can provide both diversification benefits and growth potential, enhancing financial security for those looking to secure their future, regardless of employment status.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

Have a Story? Send Us a tip
arrow up